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Jamaica Broilers Group (XJAM:JBG) Asset Turnover : 0.27 (As of Jan. 2025)


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What is Jamaica Broilers Group Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Jamaica Broilers Group's Revenue for the three months ended in Jan. 2025 was JMD24,650 Mil. Jamaica Broilers Group's Total Assets for the quarter that ended in Jan. 2025 was JMD90,764 Mil. Therefore, Jamaica Broilers Group's Asset Turnover for the quarter that ended in Jan. 2025 was 0.27.

Asset Turnover is linked to ROE % through Du Pont Formula. Jamaica Broilers Group's annualized ROE % for the quarter that ended in Jan. 2025 was -14.33%. It is also linked to ROA % through Du Pont Formula. Jamaica Broilers Group's annualized ROA % for the quarter that ended in Jan. 2025 was -5.06%.


Jamaica Broilers Group Asset Turnover Historical Data

The historical data trend for Jamaica Broilers Group's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jamaica Broilers Group Asset Turnover Chart

Jamaica Broilers Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.39 1.20 1.34 1.33 1.14

Jamaica Broilers Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.27 0.27 0.26 0.27

Competitive Comparison of Jamaica Broilers Group's Asset Turnover

For the Farm Products subindustry, Jamaica Broilers Group's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jamaica Broilers Group's Asset Turnover Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jamaica Broilers Group's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Jamaica Broilers Group's Asset Turnover falls into.


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Jamaica Broilers Group Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Jamaica Broilers Group's Asset Turnover for the fiscal year that ended in Apr. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Apr. 2024 )/( (Total Assets (A: Apr. 2023 )+Total Assets (A: Apr. 2024 ))/ count )
=92961.57/( (77413.585+86321.865)/ 2 )
=92961.57/81867.725
=1.14

Jamaica Broilers Group's Asset Turnover for the quarter that ended in Jan. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jan. 2025 )/( (Total Assets (Q: Oct. 2024 )+Total Assets (Q: Jan. 2025 ))/ count )
=24649.679/( (90314.444+91214.46)/ 2 )
=24649.679/90764.452
=0.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Jamaica Broilers Group  (XJAM:JBG) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Jamaica Broilers Group's annulized ROE % for the quarter that ended in Jan. 2025 is

ROE %**(Q: Jan. 2025 )
=Net Income/Total Stockholders Equity
=-4596.732/32070.015
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-4596.732 / 98598.716)*(98598.716 / 90764.452)*(90764.452/ 32070.015)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.66 %*1.0863*2.8302
=ROA %*Equity Multiplier
=-5.06 %*2.8302
=-14.33 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Jamaica Broilers Group's annulized ROA % for the quarter that ended in Jan. 2025 is

ROA %(Q: Jan. 2025 )
=Net Income/Total Assets
=-4596.732/90764.452
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4596.732 / 98598.716)*(98598.716 / 90764.452)
=Net Margin %*Asset Turnover
=-4.66 %*1.0863
=-5.06 %

Note: The Net Income data used here is four times the quarterly (Jan. 2025) net income data. The Revenue data used here is four times the quarterly (Jan. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Jamaica Broilers Group Asset Turnover Related Terms

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Jamaica Broilers Group Business Description

Traded in Other Exchanges
N/A
Address
Content, McCook’s Pen, Saint Catherine, JAM
Jamaica Broilers Group Ltd is a Jamaica-based company engaged in the production and distribution of poultry products, animal feeds, and agricultural items. Its segments consist of Jamaica operations, U.S. operations and Other Caribbean operations. The company's brands include Reggae Jammin, The Best Dressed Chicken, Hamilton's Smokehouse, Le Chic Poulet, Hi-Pro, International Poultry Breeders, Wincorp International, and Jamaica Egg Services. The majority of the revenue is derived from its Jamaica operations.

Jamaica Broilers Group Headlines

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